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FUTURE PLUS

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13 March 2009 I invested Rs.50000 in future plus.I received Rs.60000 as surrender value before its maturity.Is the amount exceeding Rs.50000 taxable under the head Capital Gain? Is there is any change in taxability if it is received after maturity?
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
13 March 2009 Plz provide the date of purchase and sale.

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